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BRASILIA, Dec 23 (Reuters) - Loans in arrears for 90 days or more in Brazil fell slightly from a record high in November while bank lending grew, the central bank said on Friday.
The so-called default ratio, a benchmark for delinquencies, came in at the equivalent of 5.8 percent of outstanding non-earmarked loans, down from 5.9 percent in October. Lending grew 0.3 percent in November from October, to 3.104 trillion reais ($948.16 billion), the report showed.
$1 = 3.2737 reais Reporting by Marcela Ayres; Writing by Silvio Cascione; Editing by Chizu Nomiyama